Czech-based startup PARTORY has raised €1.25 million in a fresh funding round from Jet Ventures, a new fund established by Jet Investment. The investment follows PARTORY's previous success, raising €3.4 million since its inception and is aimed at improving its application and reaching global markets. The startup shared the details with AIN.

About PARTORY

  • PARTORY is a Czech tech-engineering startup founded by brothers Milan and Jakub Málek, focusing on enhancing procurement efficiency and digitising supply chains in the European industrial sector. 

  • The company offers comprehensive solutions, including tube and profile processing, flexing, sheet processing, surface finishing, and heat treatment. PARTORY's clients comprise industry leaders like Wanzl, Trumpf, Bobcat, and Dražice.

  • In 2022, the startup expanded to international markets, supported by the Lighthouse Ventures fund and a CZK 22 million (just under $1 millon) seed round. 

  • At the end of 2023, PARTORY also secured an undisclosed funding from SpeedUp Venture Capital Group, Movens Capital, Borovicka Capital, Aidiom, and long-term partner Lighthouse Ventures.

Investment details

Jet Investment is the lead investor in the funding round. It is a Czech investment firm that manages assets of CZK 15 billion (over $600 million) across four investor funds.

“We are very pleased to collaborate with Jet Ventures, who have nearly 30 years of experience transforming industrial companies. Their support for young industrial innovators, whose breakthrough technologies contribute to the modernisation and growth of the European economy, is a tremendous opportunity for us. Europe has the largest engineering market in the world, although China and the U.S. are rapidly catching up. Our main goal is to support and strengthen the backbone of the European industry,” Jakub Málek, co-founder & CTO, states.

The firm has been operating for more than 25 years, having supported 36 industrial enterprises. In 2024, it established the Jet Ventures fund, which invests in fast-growing startups in the industrial B2B market, across the Czech Republic, Slovakia, Poland, Austria, and Germany.

With fresh funds, PARTORY plans to hire native speakers, onboard local suppliers, and transform them into ESG-compliant businesses. The company will also improve AI-driven pricing, technology selection, and procurement management, with legal support from NOVALIA.